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Industry reacts to George Osborne’s Eighth budget (TC)

Chancellor George Osborne’s 2016/17 announced downwardly revised growth figures for the UK economy as well as announcing he had missed his targets for deficit reduction as a proportion of GDP.

Rob Hailstone March 17, 2016

Budget 2016: What it’s in it for conveyancers? (TC)

Chancellor George Osborne delivered his eighth budget with several measures cutting taxes for businesses, tweeks to the previous residential stamp duty reforms and wholesale reforms for commercial stamp duty.

Rob Hailstone March 17, 2016

Land Registry sale may not compute (LSG)

Technology could make the title register less attractive to private buyers.

Rob Hailstone March 17, 2016

Budget 2016: higher stamp duty rates confirmed (LSG)

‘Significant investors’ will not be exempt from higher stamp duty land tax rates for additional properties, HM Treasury has confirmed.

Rob Hailstone March 17, 2016

Money laundering: Almost no reports of ‘suspicious activity’ coming from estate agents (PIE)

The National Crime Agency has now published its annual review of Suspicious Activity Reports – in simple terms, where someone suspects possible money laundering and has reported it.

Rob Hailstone March 16, 2016

Former Poundland owner lining up to buy Land Registry (TC)

A private equity firm which currently owns DFS Furniture is reportedly planning a £1 billion takeover of the Land Registry.

Rob Hailstone March 16, 2016

Law Society’s Investigatory Powers Bill concerns raised by Andy Burnham MP

Shadow home secretary Andy Burnham MP raised the Law Society’s concerns over legal professional privilege, during the second reading of the Investigatory Powers Bill in parliament on Tuesday.

Rob Hailstone March 16, 2016

Third-party complaints back on LeO’s agenda (LSG)

Third-party complaints and a revised case fee structure are on the Legal Ombudsman’s agenda for the coming year.

Rob Hailstone March 16, 2016

Agent hit with largest-ever money laundering fine wins appeal (PIE)

The agent hit with the largest ever anti-money laundering fine has won its appeal after a gruelling two-year battle against HMRC.

Rob Hailstone March 15, 2016

CHAPS extension will increase moving costs, warns removals firm (EAT)

A removals firm is warning that changes to the CHAPS system could see home movers paying more to relocate.

Rob Hailstone March 15, 2016

Right-to-Buy to be suspended by fourth Welsh local authority (TC)

Right-to-Buy is disappearing from Wales with a fourth council set to suspend the policy, citing diminishing stocks and large waiting lists.

Rob Hailstone March 15, 2016

Chancellor implored not to go ahead with ‘madness’ of property taxes (PIE)

Conveyancers have told George Osborne that he should scrap or water down his Stamp Duty Land Tax proposals.

Rob Hailstone March 11, 2016